State VC fund primed to back future sectors
China launched a State-backed venture capital guidance fund on Friday to steer long-term investment into strategic emerging and future industries, underscoring efforts by policymakers to cultivate new quality productive forces…
Improved batteries eat into range-extended segment
Li Auto showcases the range-extended L9 SUV at 2025 Auto Guangzhou in November. QIN ZIHANG/FOR CHINA DAILY Range-extended electric vehicles, which once gained prominence by eliminating range anxiety and saw…
Overseas tourists fill suitcases with ‘Made in China’ tech
Shanghai — On a bustling afternoon in December, along Shanghai’s Nanjing Road, often dubbed “China’s No 1 Commercial Street,” many foreigners are practicing a new travel trend popular on social…
Tailoring inbound travel to Xizang
The Potala Palace in Lhasa reflected in a tranquil lake is a hot spot for international travelers to Xizang autonomous region. China Daily Over the past few months, the tires…
2025 was the year China’s goods trade surplus nearly hit $1.2 trillion
Geopolitically, goods imbalances are usually the ones that trigger action. That is why the chart below maps the fault lines so well. In a classic mercantilist pattern, China runs large…
Pension increases seen boosting consumption
China will raise basic old-age benefits for hundreds of millions of rural and nonworking urban residents next year, marking the eighth such increase since the system’s establishment, as part of…
China core AI industry scale exceeds 1 trillion yuan in 2025
BEIJING — China has achieved breakthroughs in industrial technological innovation in 2025, with the core artificial intelligence (AI) industry exceeding 1 trillion yuan ($142 billion) in scale, according to a…
China’s installed power capacity sees steady expansion
A view of the 10-million-kilowatt renewable energy base in Hainan Tibetan autonomous prefecture, Qinghai province. BEIJING — China’s total installed power-generating capacity reached 3.79 billion kilowatts (kW) by the end…
Former WTO chief economist says innovation is strengthening China’s economic resilience
China’s shift toward innovation-led growth is playing a key role in strengthening the resilience of the world’s second-largest economy, said Robert Koopman, former chief economist of the World Trade Organization.…
China revises 2024 GDP data
BEIJING — China’s 2024 gross domestic product (GDP) was revised to 134.8066 trillion yuan ($19.16 trillion), down 101.8 billion yuan from the preliminary figure, the National Bureau of Statistics said…